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Cross-Border Payments
Developments in cross-border payments, fintech platforms, digital currencies and financial infrastructure supporting global trade transactions.
OpenFX has launched OpenFX Ventures to back early stage cross border payments founders with capital, market connectivity and early product access.
Absa Group has selected cross border payments network Thunes as a strategic Multicurrency Clearing partner for the Group, building on…
ANZ has completed one of the world’s first live corporate treasury transactions using tokenised deposits and Swift’s ledger, working with…
Commercial Bank of Dubai (CBD) has become the first bank from the Middle East, and the first from outside Europe,…
Land Bank of the Philippines (LANDBANK) has entered into discussions with NPCI International Payments Limited (NIPL), the international arm of…
Aljazira Bank has signed an agreement with cross border payments network Thunes to modernise and widen its international remittance services,…
Luno, the digital asset platform, has acquired GTXN, a licensed cross border payments provider, giving it a way to offer…
Bank Indonesia (BI) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MoU) to deepen cooperation…
IBM has rolled out two new beta capabilities for its Digital Asset Haven platform, aimed at helping banks, governments and…
DBS and Citi have demonstrated the potential for 24/7 cross-border USD payments by completing a weekend transaction between Singapore and the U.S. using tokenised deposits on the Swift Digital Ledger. Settled within minutes instead of up to two business days, the transaction highlights how tokenised money on established banking infrastructure could improve liquidity management, reduce time-zone and weekend delays, and give corporate treasurers faster access to funds across markets.